Australia's Managed Security Market Growing 20 Percent Annually

There’s good news for MSPmentor’s growing readership in Australia. Demand for managed security services in that country will grow 20 percent annually through 2013, predicts Frost & Sullivan, a market research firm. Much like Frost & Sullivan, we’re watching the Australia market closely. And for good reason.

Several MSP platform providers have successfully launched operations in Australia. (Two quick examples: Kaseya, for instance, opened an Australia office in March 2007; and Level Platforms offers extensive support to customers and partners in Australia.)

Meanwhile, several Australian solutions providers landed on our inaugural MSPmentor 100, which highlights 100 of the world’s most progressive managed service providers.

Managed security services revenue was about AU$240 million in 2006, and will grow to roughly AU$800 million in 2013, predicts Frost & Sullivan.

In a prepared statement, the market research firm wrote: “Although the market is still in an early growth stage in Asia Pacific, [the managed security service] model has started gaining wide acceptance particularly in advanced countries such as Australia, New Zealand, Japan, Korea and Hong Kong. In 2006, countries such as India showed promising growth due to the liberalisation of the telecom sector.“